When looking into entering the coin laundry business, it is important to study demographics of population density, population mix and population income. All of these factors have a major effect on the coin laundry industry.
The more densely populated an area, the higher the need for coin laundry facilities.
Renters, the primary users of coin laundries are the fastest-growing segment in the nation occupying about a third of the nation’s population. Over recent years the industry has continued to grow at a steady pace, which is an excellent indicator that the coin laundry industry offers great opportunity.
There is much to consider when it comes to choosing the right location for you laundry. Your local ADC distributor will guide you in the right direction by providing you with demographic analysis of every individual location.